Fee Schedule for the Transfer of U.S. Treasury Book-Entry Securities Held on the National Book-Entry System, 65448-65449 [E8-26100]

Download as PDF sroberts on PROD1PC70 with NOTICES 65448 Federal Register / Vol. 73, No. 213 / Monday, November 3, 2008 / Notices Division, Office of the Comptroller of the Currency, Public Information Room, Mailstop 1–5, Attention: 1557–0200, 250 E Street, SW., Washington, DC 20219. In addition, comments may be sent by fax to (202) 874–4448, or by electronic mail to regs.comments@occ.treas.gov. You can inspect and photocopy the comments at the OCC’s Public Information Room, 250 E Street, SW., Washington, DC 20219. For security reasons, the OCC requires that visitors make an appointment to inspect comments. You may do so by calling (202) 874–5043. Upon arrival, visitors will be required to present valid government-issued photo identification and submit to security screening in order to inspect and photocopy comments. Additionally, you should send a copy of your comments to: OCC Desk Officer, 1557–0200, by mail to U.S. Office of Management and Budget, 725 17th Street, NW., #10235, Washington, DC 20503, or by fax to (202) 395–6974. FOR FURTHER INFORMATION CONTACT: You can request additional information or a copy of the collection from Mary Gottlieb, OCC Clearance Officer, (202) 874–5090, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, 250 E Street, SW., Washington, DC 20219. SUPPLEMENTARY INFORMATION: The OCC is proposing to extend OMB approval of the following information collection: Title: Release of Non-Public Information—12 CFR 4, Subpart C. OMB Number: 1557–0200. Form Number: None. Abstract: This submission covers an existing regulation and involves no change to the regulation or to the information collections embodied in the regulation. The OCC requests only that OMB renew its approval of the information collections in the current regulation. The information requirements require individuals who are requesting nonpublic OCC information to provide the OCC with information regarding the requester’s legal grounds for the request. Release of non-public OCC information when the requester did not have sufficient legal grounds to obtain the information would inhibit open consultation between a bank and the OCC, thereby impairing the OCC’s supervisory and regulatory mission. The OCC is entitled, under statute and case law, to require requesters to demonstrate that they have sufficient legal grounds for the OCC to release non-public OCC information. The OCC needs to know the requester’s legal grounds to determine if it should release VerDate Aug<31>2005 16:58 Oct 31, 2008 Jkt 217001 the requested non-public OCC information. The information requirements in 12 CFR part 4, subpart C, are located as follows: • 12 CFR 4.33: Request for non-public OCC records or testimony. • 12 CFR 4.35(b)(3): Third parties requesting testimony. • 12 CFR 4.37(a)(2): OCC former employee notifying OCC of subpoena. • 12 CFR 4.37(a) and (b): Limitation on dissemination of released information. • 12 CFR 4.39(d): Request for authenticated records or certificate of nonexistence of records. The OCC uses the information to process requests for non-public OCC information and to determine if sufficient grounds exist for the OCC to release the requested information or provide testimony. This information collection makes the mechanism for processing requests more efficient and facilitates and expedites the OCC’s release of non-public information and testimony to the requester. Type of Review: Extension, without change, of a currently approved collection. Affected Public: Businesses or other for-profit; individuals. Number of Respondents: 110. Total Annual Responses: 170. Frequency of Response: On occasion. Total Annual Burden: 467 hours. Comments submitted in response to this notice will be summarized and included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information has practical utility; (b) The accuracy of the agency’s estimate of the burden of the collection of information; (c) Ways to enhance the quality, utility, and clarity of the information to be collected; (d) Ways to minimize the burden of the collection on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) Estimates of capital or startup costs and costs of operation, maintenance, and purchase of services to provide information. Dated: October 28, 2008. Michele Meyer, Assistant Director, Legislative & Regulatory Activities Division. [FR Doc. E8–26093 Filed 10–31–08; 8:45 am] BILLING CODE 4810–33–P PO 00000 Frm 00165 Fmt 4703 Sfmt 4703 DEPARTMENT OF THE TREASURY Fiscal Service Fee Schedule for the Transfer of U.S. Treasury Book-Entry Securities Held on the National Book-Entry System Bureau of the Public Debt, Fiscal Service, Treasury. ACTION: Notice. AGENCY: SUMMARY: The Department of the Treasury is announcing a new fee schedule applicable to transfers of U.S. Treasury book-entry securities maintained on the National Book-Entry System (NBES) that occur on or after January 2, 2009. The basic fee for the transfer of a Treasury book-entry security will increase from $.28 to $.30. The Federal Reserve funds movement fee will remain at $.05, resulting in a combined fee of $.35 for each Treasury securities transfer. In addition to the basic fee, off-line transfers have a surcharge. The surcharge for an off-line Treasury book-entry transfer will remain $33.00. DATES: Effective Date: January 2, 2009. FOR FURTHER INFORMATION CONTACT: James Sharer, Director of Book-Entry and Program Support, Bureau of the Public Debt, 799 9th Street NW., Washington, DC 20239, (202) 504–3550; Kristina Yeh, Financial Systems Analyst, Bureau of the Public Debt, 799 9th Street, NW, Washington, DC 20239, (202) 504–3550. SUPPLEMENTARY INFORMATION: The Department of the Treasury has established a fee structure for the transfer of Treasury book-entry securities maintained on NBES. Treasury reassesses this fee structure periodically, based on our review of the latest book-entry costs and volumes. For each Treasury securities transfer or reversal sent or received on or after January 2, 2009, the basic fee will increase to $.30 from $.28. The surcharge for an off-line Treasury bookentry transfer will remain $33.00. The basic transfer fee assessed to both sends and receives is reflective of costs associated with the processing of a security transfer. The off-line surcharge reflects the additional processing costs associated with the manual processing of off-line securities transfers. The Treasury does not charge a fee for account maintenance, the stripping and reconstitution of Treasury securities, the wires associated with original issues, or interest and redemption payments. The Treasury currently absorbs these costs and will continue to do so. The fees described in this notice apply only to the transfer of Treasury E:\FR\FM\03NON1.SGM 03NON1 65449 Federal Register / Vol. 73, No. 213 / Monday, November 3, 2008 / Notices book-entry securities held on NBES. Information concerning fees for bookentry transfers of Government Agency securities, which are priced by the Federal Reserve System, is set out in a separate Federal Register notice published by the Board of Governors of the Federal Reserve System on November 3, 2008 (FR Doc E8–26101). The following is the Treasury fee schedule that will take effect on January 2, 2009 for the book-entry transfers on NBES: TREASURY-NBES FEE SCHEDULE 1 [Effective January 2, 2009; (In Dollars)] Transfer type On-line On-line On-line On-line Off-line Off-line Off-line Off-line Off-line Basic fee transfer originated ............................................................................................... transfer received ................................................................................................. reversal transfer originated ................................................................................. reversal transfer received ................................................................................... transfer originated ............................................................................................... transfer received ................................................................................................. account switch received ...................................................................................... reversal transfer originated ................................................................................. reversal transfer received ................................................................................... .30 .30 .30 .30 .30 .30 .30 .30 .30 Off-line surcharge Funds 2 movement fee N/A N/A N/A N/A 33.00 33.00 .00 33.00 33.00 .05 .05 .05 .05 .05 .05 .05 .05 .05 Total fee .35 .35 .35 .35 33.35 33.35 .35 33.35 33.35 1 The Treasury does not charge a fee for account maintenance, the stripping and reconstituting of Treasury securities, the wires associated with original issues, or interest and redemption payments. The Treasury currently absorbs these costs and will continue to do so. 2 The funds movement fee is not a Treasury fee, but is charged by the Federal Reserve for the cost of moving funds associated with the transfer of a Treasury book-entry security. Authority: 31 CFR 357.45. Dated: October 22, 2008. Kenneth E. Carfine, Fiscal Assistant Secretary. [FR Doc. E8–26100 Filed 10–31–08; 8:45 am] BILLING CODE 4810–39–P DEPARTMENT OF VETERANS AFFAIRS [OMB Control No. 2900–New (22–0839)] Agency Information Collection: Emergency Submission for OMB (Yellow Ribbon) Review; Comment Request Veterans Benefits Administration, Department of Veterans Affairs. ACTION: Notice. sroberts on PROD1PC70 with NOTICES AGENCY: SUMMARY: In compliance with the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. 3501–3521), this notice announces that the United States Department of Veterans Affairs (VA), has submitted to the Office of Management and Budget (OMB) the following emergency proposal for the collection of information under the provisions of the Paperwork Reduction Act (44 U.S.C. 3507(j)(1)). The reason for the emergency clearance is to determine which institutions of higher learning (IHLs) will be participating in the Yellow Ribbon Program, the maximum number of individuals for whom the IHL will make contributions in any given academic year, and the percentage of outstanding established charges the IHL will agree to waive. OMB has been VerDate Aug<31>2005 16:58 Oct 31, 2008 Jkt 217001 requested to act on this emergency clearance request by December 31, 2008. DATES: Comments must be submitted on or before November 17, 2008. ADDRESSES: Submit written comments on the collection of information through www.Regulations.gov or to VA’s OMB Desk Officer, OMB Human Resources and Housing Branch, New Executive Office Building, Room 10235, Washington, DC 20503, (202) 395–7316. Please refer to ‘‘OMB Control No. 2900– New (22–0839)’’ in any correspondence FOR FURTHER INFORMATION CONTACT: Denise McLamb, Records Management Service (005R1B), Department of Veterans Affairs, 810 Vermont Avenue, NW., Washington, DC 20420, (202) 461– 7485, FAX (202) 273–0443 or e-mail denise.mclamb@va.gov. Please refer to ‘‘OMB Control No. 2900–New (22– 0839).’’ SUPPLEMENTARY INFORMATION: Title: Yellow Ribbon Agreement (Under Title 38 U.S.C. Chapter 33), VA Form 22–0839. OMB Control Number: 2900–New (22–0839). Type of Review: New collection. Abstract: Public Law 110–252 created a new educational assistance benefit, chapter 33, which contains provisions that requires VA to collect information in order to administer the Yellow Ribbon Program (authorized under the new benefit). Title 38 U.S.C. 3317 requires VA to enter into an agreement with schools wishing to participate in Yellow Ribbon Program. The agreement must state the beginning and ending dates of the academic year for which the school will waive costs under the PO 00000 Frm 00166 Fmt 4703 Sfmt 4703 Yellow Ribbon Program, the maximum number of individuals for whom the school will make contributions in the specified academic year, and the percentage of outstanding established charges the school will waive for each Yellow Ribbon participant in the specified academic year. VA is required to match each additional dollar waived by the school not to exceed 50 percent of the outstanding established charges. The statute further requires that VA post the information on a Web site for public viewing. In order to have sufficient time to post the information on the Web site (after processing received requests) and amend/update systems to issue Yellow Ribbon payments, VA will issue requests for participation in December of each calendar year and require that schools provide responses no later than February 15th of the following year. Affected Public: Business or other for profit and not for profit institutions. Estimated Annual Burden: 750 hours. Estimated Average Burden per Respondent: 10 minutes. Frequency of Response: One time per year. Estimated Number of Respondents: 4,500. Dated: October 24, 2008. By direction of the Secretary. Denise McLamb, Program Analyst, Records Management Service. [FR Doc. E8–26127 Filed 10–31–08; 8:45 am] BILLING CODE 8320–01–P E:\FR\FM\03NON1.SGM 03NON1

Agencies

[Federal Register Volume 73, Number 213 (Monday, November 3, 2008)]
[Notices]
[Pages 65448-65449]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-26100]


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DEPARTMENT OF THE TREASURY

Fiscal Service


Fee Schedule for the Transfer of U.S. Treasury Book-Entry 
Securities Held on the National Book-Entry System

AGENCY: Bureau of the Public Debt, Fiscal Service, Treasury.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The Department of the Treasury is announcing a new fee 
schedule applicable to transfers of U.S. Treasury book-entry securities 
maintained on the National Book-Entry System (NBES) that occur on or 
after January 2, 2009. The basic fee for the transfer of a Treasury 
book-entry security will increase from $.28 to $.30. The Federal 
Reserve funds movement fee will remain at $.05, resulting in a combined 
fee of $.35 for each Treasury securities transfer. In addition to the 
basic fee, off-line transfers have a surcharge. The surcharge for an 
off-line Treasury book-entry transfer will remain $33.00.

DATES: Effective Date: January 2, 2009.

FOR FURTHER INFORMATION CONTACT: James Sharer, Director of Book-Entry 
and Program Support, Bureau of the Public Debt, 799 9th Street NW., 
Washington, DC 20239, (202) 504-3550; Kristina Yeh, Financial Systems 
Analyst, Bureau of the Public Debt, 799 9th Street, NW, Washington, DC 
20239, (202) 504-3550.

SUPPLEMENTARY INFORMATION: The Department of the Treasury has 
established a fee structure for the transfer of Treasury book-entry 
securities maintained on NBES. Treasury reassesses this fee structure 
periodically, based on our review of the latest book-entry costs and 
volumes.
    For each Treasury securities transfer or reversal sent or received 
on or after January 2, 2009, the basic fee will increase to $.30 from 
$.28. The surcharge for an off-line Treasury book-entry transfer will 
remain $33.00.
    The basic transfer fee assessed to both sends and receives is 
reflective of costs associated with the processing of a security 
transfer. The off-line surcharge reflects the additional processing 
costs associated with the manual processing of off-line securities 
transfers.
    The Treasury does not charge a fee for account maintenance, the 
stripping and reconstitution of Treasury securities, the wires 
associated with original issues, or interest and redemption payments. 
The Treasury currently absorbs these costs and will continue to do so.
    The fees described in this notice apply only to the transfer of 
Treasury

[[Page 65449]]

book-entry securities held on NBES. Information concerning fees for 
book-entry transfers of Government Agency securities, which are priced 
by the Federal Reserve System, is set out in a separate Federal 
Register notice published by the Board of Governors of the Federal 
Reserve System on November 3, 2008 (FR Doc E8-26101).
    The following is the Treasury fee schedule that will take effect on 
January 2, 2009 for the book-entry transfers on NBES:

                                         Treasury-NBES Fee Schedule \1\
                                    [Effective January 2, 2009; (In Dollars)]
----------------------------------------------------------------------------------------------------------------
                                                                                         Funds \2\
                        Transfer type                          Basic fee     Off-line     movement    Total fee
                                                                            surcharge       fee
----------------------------------------------------------------------------------------------------------------
On-line transfer originated.................................          .30          N/A          .05          .35
On-line transfer received...................................          .30          N/A          .05          .35
On-line reversal transfer originated........................          .30          N/A          .05          .35
On-line reversal transfer received..........................          .30          N/A          .05          .35
Off-line transfer originated................................          .30        33.00          .05        33.35
Off-line transfer received..................................          .30        33.00          .05        33.35
Off-line account switch received............................          .30          .00          .05          .35
Off-line reversal transfer originated.......................          .30        33.00          .05        33.35
Off-line reversal transfer received.........................          .30        33.00          .05        33.35
----------------------------------------------------------------------------------------------------------------
\1\ The Treasury does not charge a fee for account maintenance, the stripping and reconstituting of Treasury
  securities, the wires associated with original issues, or interest and redemption payments. The Treasury
  currently absorbs these costs and will continue to do so.
\2\ The funds movement fee is not a Treasury fee, but is charged by the Federal Reserve for the cost of moving
  funds associated with the transfer of a Treasury book-entry security.


    Authority: 31 CFR 357.45.

    Dated: October 22, 2008.
Kenneth E. Carfine,
Fiscal Assistant Secretary.
 [FR Doc. E8-26100 Filed 10-31-08; 8:45 am]
BILLING CODE 4810-39-P